George Maragos on Tax Reform

No-tax pledge; teach the rest of Congress economic theory

Bob Turner fielded criticism from his opponents for not ruling out tax increases. He has not signed the antitax advocate Grover Norquist's pledge to oppose all such increases, unlike his opponents, Wendy Long & George Maragos.

Maragos, who accused his
opponents of "continued indecision" in defining their stances on tax issues, did not talk of compromise. Asked how he would work with Democrats in Washington like Senator Charles Schumer, he pivoted to discussing his decades of business experience in the
financial industry.

"I think I would start by trying to teach some of our Congress people some economic theory," Maragos said. "Unfortunately in Congress we have a lot of attorneys but very few economists and very few business people."

Turner was puzzled. "I think George's suggestion that we school Senator Schumer in economic reality would be an interesting challenge," he said.

Our tax code must be simpler and fairer

All government policies (trade, fiscal, monetary, foreign, energy, immigration, and others) must be aligned to make us more competitive, and to create and protect American jobs. Our tax code must be reformed to be simpler and fairer, free of all
subsidies and loopholes, but with strong incentives to manufacture right here in the U.S. Our goal must be to establish an economic climate that is business-friendly with less regulatory burden which can spark the entrepreneurial spirits of all Americans

Work towards "Fair Tax"

I will support tax reform towards a "Fair Tax" that will provide tax relief for middle class families, eliminate the Alternative Minimum Tax, offer tax credits for childcare and college tuition, and tax incentives for
Companies that provide work place child care. Most importantly, I will fight to protect middle class jobs from outsourcing and continue to provide for wage growth though economic expansion and equal pay for women.